From crackdown to comeback: Crypto’s fortunes turn in Washington

Crypto’s long winter in Washington is coming to an end. Last year, the digital asset industry faced a regulatory crackdown after the collapse of leading crypto companies and the indictments of their executives. Fast forward to this past week, when presidential contenders from both sides of the aisle took an interest in the sector and calls to replace its chief nemesis, Securities and Exchange Commission Chair Gary Gensler, grew louder.

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